J U D G M E N T

Total Page:16

File Type:pdf, Size:1020Kb

J U D G M E N T IN THE SUPREME COURT OF BANGLADESH APPELLATE DIVISION PRESENT: Mr. Justice Surendra Kumar Sinha, Chief Justice Mr. Justice Syed Mahmud Hossain Mr. Justice Hasan Foez Siddique Mr. Justice Mirza Hussain Haider CIVIL APPEAL NO.53 OF 2004. (From the judgment and order dated 07.04.2003 passed by the High Court Division in Writ Petition No.3806 of 1998.) Bangladesh, represented by the Appellants. Secretary, Ministry of Law, Justice and Parliamentary Affairs and others: =Versus= Bangladesh Legal Aid and Services Trust (BLAST) represented by Dr. Shahdeen Respondents. Malik and others: For the Appellants: Mr. Mahbubey Alam, Attorney General, (with Mr. Murad Reza, Additional Attorney General and Mr. Sheik Saifuzzaman, Deputy Attorney General, instructed by Mr. Ferozur Rahman, Advocate-on- Record. For the Respondents: Dr. Kamal Hossain, Senior Advocate, Mr. M. Amirul Islam, Senior Advocate, (with Mr. Idrisur Rahman, Advocate & Mrs. Sara Hossain Advocate,) instructed by Mrs. Sufia Khatun, Advocate-on-Record. Date of hearing: 22nd March, 11th and 24th May, 2016. Date of Judgment: 24th May, 2016. J U D G M E N T Surendra Kumar Sinha,CJ: Historical Background of the Legal System of Bangladesh Blackstone’s Commentaries on the Laws of England has been termed as ‘The bible of American 2 lawyers’ which is the most influential book in English on the English legal system and has nourished the American renaissance of the common law ever since its publication (1765-69). Boorstin’s great essay on the commentaries, show how Blackstone, employing eighteenth-century ideas of science, religion, history, aesthetics, and philosophy, made of the law both a conservative and a mysterious science. In his ‘The Mysterious Science of the Law’ Daniel J. Boorstin, in Chapter two under the caption ‘The use of History’, the author stated, “The conflict between Blackstone’s Science of Law and his Mystery of Law was never to be entirely resolved. This was nothing less than the conflict between man’s desire to understand all and his fear that he might discover too much. Yet eighteenth- century England was able to find a partial solution of the difficulty by appealing to experience. Since Locke had destroyed all innate ideas and made experience the primary source of ideas, the student 3 of society, like the philosopher, could abandon the a priori path for the path of experience. In practice, this meant that the eighteenth-century mind came to make every social science, as Blackstone made the study of law, simply a branch of the study of history. The accumulation of all experience, history became the whole study of man, and the entire practical aspect of philosophy. In 1735, Bolingbroke summed up this notion when he said that history was “philosophy teaching by examples.” By “philosophy” was meant not the abstruse distinctions of metaphysics, but the practical “science of human nature..” “Nature has done her part. She has opened this study to every man who can read and think; and what she has made the most agreeable, reason can make the most useful, application of our minds.’ Hume, in 1739, called his Treatise an attempt to write other Principia by applying the Newtonian method to philosophy. But how was this to be done? 4 Here he answered with the voice of Locke. “And as the science of man is the only solid foundation for the other sciences, so the only solid foundation we can give to this science itself must be laid on experience and observation.” That he thought history the final and proper source of this finally turning from philosophy to the study of the past. But he was clear in defining the data and method of this science: The laws of England were for Blackstone and body for studying the anatomy of laws in general. This understanding of laws in general was to be sought in the Commentaries by studying the English law historically, an approach which before the eighteenth century had not been seriously undertaken. Now the awakening historical consciousness of the Enlightenment was beginning to show itself in legal scholarship. Hale, the first English legal historian, had most shaped Blackstone’s general conception, and the 5 Commentaries themselves were in turn the inspiration for John Reeves’ ‘History of English Law’. From ancient times in Bangladesh, there existed local assemblies in village known as Panchayets. They settled disputes and their decisions were in the nature of compromise between the parties. But at times, they pronounced regular judgments. The law in force then was tribal customary laws. By lapse of time, there was transition to centralised rule by the king who at the apex was recognised as the ultimate judicial authority. He held courts in person to decide cases assisted by Brahmins. In the latter period, a gradation of courts was set up in towns and cities. Appeals preferred from the decisions of these local courts to the Chief Court at the capital, from whose decisions appeals laid to the Royal Court presided over by the king. The laws applied by these courts were principally the customary laws, and shastric or canon laws, the sanctity of which was well recognized both by the 6 courts as well as the people. Besides, dicta emanating from religion were regarded as a major source of law. This system prevailed until the end of twelfth century. When the foundation of Muslim dominion was laid towards the beginning of the thirteenth century, the earlier system remained operative in the country with some modifications here and there until the advent of the Mughals. They set up courts throughout their empire with Qazi at the head. Qazi used to dispense justice both civil and criminal laws. The Mughals established their rule in this part of the Sub-continent in the Sixteenth century. The main objects of their administration were to assess and collect revenue. Nonetheless, administration of justice was regarded throughout the Mughal period as a subject of great importance and they had introduced a well-organized system of law. For the purpose of overall administration, the areas now constituting Bangladesh, like other provinces (The 7 Province was comparable to a modern division) of the Mughal empire, was divided into districts, and districts into sub-divisions. At lower tier it was the village where the Mughals retained the ancient system of getting petty disputes settled by the local Panchayets. In every town, there was a regular Town Court presided over by a Qazi known as Qazi-e-Parganah. This court generally dealt with both civil and criminal matters. There was Fauzdar, who as the name indicates, was a commander of and unit of armed force. He also discharged some general executive functions and was placed in charge of suitable sub- division. In the early period of the Mughal rule, the Fauzdars tried petty criminal matters, but as the system underwent some changes during the period between 1750 and 1857, in the latter period, Fauzdars maintained ‘Fauzdari Court’ for ad- ministration of criminal justice at the district level and dealt with most of the criminal cases 8 except capital sentences. The trace of its name still survives. Today’s Criminal Courts or ‘Fauzdari Adalat’ as it is called in Bengali, are the improved version of Fauzdari Courts of those days. There was existence of Kotwal who functioned as chief of town police, censor of morals and local chief of the intelligence system. He performed the functions of Police Magistrate and tried petty criminal cases. The office of Kotwal was known as Kotwali, which was the principal police station of a town. The nomenclature of Kotwali even survives today. In almost all important towns and cities in Bangladesh, there exist at least one police station called ’Kotwali’ police. Kotwal system remained in force until the East India Company took up the administration of justice in the country through acquisition of Diwani. There were two other judicial functionaries, known as Amin and Qanungo. Amin, as it literally means, was an Umpire between the State demanding revenue and the individual raiyats paying 9 it. He was basically an officer of the town and his jurisdiction extended to the disposal of revenue cases. The Qanungo, as the name implies, was the Registrar of Public Records. He preserved all ‘Qanuns’ that is to say, all rules and practices and furnished information as to procedure, precedents and land history of the past. He used to dispose of petty cases connected with land and land-revenue. The principal judicial authorities in the district level were, the District Judge, called District Qazi. He exercised appellate power to hear civil and criminal appeals against the decisions of the Qazi's Court in towns, called Qazi-e-Parganah. He also exercised criminal appellate power against the decisions of Police Magistrates at base level called Kotwals. Another noteworthy judicial authority in the district level was District Amalguzar. He heard appeals in revenue cases taken from the jurisdiction of Amin, the Revenue-Umpire and Qanungo, the Registrar of Public Records. In 10 province-level judiciary, there existed Provincial Governor's Court called Adalat-e- Nizam-e-Subah presided over by the Governor or Subadar. This Court had original, appellate and revisional jurisdiction. The original jurisdiction was for dealing with murder cases while in appellate jurisdiction, it decided appeals preferred from the decisions passed by the court of District Qazi and that of Fauzdar. Appeals from and against the decision by this court prefer to the Emperor's Court as well as to the Court of the Chief Justice at the imperial capital. There was another Court in this level known as the Governor's own court and this court possessed only an original jurisdiction.
Recommended publications
  • IN the SUPREME COURT of BANGLADESH APPELLATE DIVISION (Civil) Present: Surendra Kumar Sinha, CJ Government of Bangladesh and Others: Md
    272 Government of Bangladesh =VS= Asaduzzaman Siddiqui (S. K. Sinha, CJ) 6 LM (AD) 2019 (1) IN THE SUPREME COURT OF BANGLADESH APPELLATE DIVISION (Civil) Present: Surendra Kumar Sinha, CJ Government of Bangladesh and others: Md. Abdul Wahhab Miah, J ... Appellants. Nazmun Ara Sultana, J Syed Mahmud Hossain, J Muhammad Imman Ali, J Hasan Foez Siddique, J =VS= Mirza Hussain Haider, J th th st nd rd Date of hearing: 8 , 9 , 21 , 22 , 23 , 24th, 25th, 28th, 29th, 30th May, 2017 and 1st June, 2017. Advocate Asaduzzaman Siddiqui and others: rd Date of Judgment: 3 July, 2017. ... Respondents. Result: Dismissed CIVIL APPEAL NO.06 OF 2017. (From the judgment and order dated 05.05.2016 passed by the High Court Division in Writ Petition No.9989 of 2014.) ADVOCATES WHO APPEARED IN THIS CASE: For the Appellants: Mr. Mahbubey Alam, Attorney General, with Mr. Murad Reza, Additional Attorney General, Mr. Momtaz Uddin Fakir, Additional Attorney General, Mr. Biswajit Debnath, Deputy Attorney General, Mr. Motaher Hossain Sazu, Deputy Attorney General, Mr. Md. Ekramul Hoque, Deputy Attorney General, Mr. Kh. Diliruzzaman, Deputy Attorney General, Mr. Masud Hasan Chowdhury, Deputy Attorney General, Mr. Amit Talukdar, Deputy Attorney General, Mr. Sheikh Saifuzzaman, Assistant Attorney General, Mr. Bashir Ahmed, Assistant Attorney General, Ms. Mahfuza Begum, Assistant Attorney General, instructed by Mr. Haridas Paul, Advocate-on-Record. For the Respondents: Mr. Munzill Murshed, Advocate, instructed by Mr. M. Ashrafuzzaman Khan, Advocate-on-Record. AS AMICI: Mr. T.H. Khan, Senior Advocate, Dr. Kamal Hossain, Senior Advocate, Mr. Abdul Wadud Bhuiyan, Senior Advocate, Mr. M. Amirul Islam, Senior Advocate, Mr.Rokanuddin Mahmud, Senior Advocate, Mr.
    [Show full text]
  • Mass-Fatality, Coordinated Attacks Worldwide, and Terrorism in France
    BACKGROUND REPORT Mass-Fatality, Coordinated Attacks Worldwide, and Terrorism in France On November 13, 2015 assailants carried out a series of coordinated attacks at locations in Paris, France, including a theater where a concert was being held, several restaurants, and a sporting event. These attacks reportedly killed more than 120 people and wounded more than 350 others. The Islamic State of Iraq and the Levant (ISIL) claimed responsibility for the attack.1 To provide contextual information on coordinated, mass-fatality attacks, as well as terrorism in France and the attack patterns of ISIL, START has compiled the following information from the Global Terrorism Database (GTD).2 MASS-FATALITY TERRORIST ATTACKS Between 1970 and 2014, there have been 176 occasions on which terrorist Number of Times More than 100 People Were Killed attacks killed more than 100 people by Terrorist Attacks on a Single Day in a Single Country (excluding perpetrators), in a particular 30 country on a particular day. This includes both isolated attacks, multiple attacks, 25 and multi-part, coordinated attacks. The first such event took place in 1978, when 20 an arson attack targeting the Cinema Rex Theater in Abadan, Iran killed more than 15 400 people. Frequency Since the Cinema Rex attack, and until 10 2013, 4.2 such mass-fatality terrorist events happened per year, on average. In 5 2014, the number increased dramatically when 26 mass-fatality terrorist events 0 took place in eight different countries: Afghanistan (1), Central African Republic (1), Iraq (9), Nigeria (9), Pakistan (1), Source: Global Terrorism Database Year South Sudan (1), Syria (3), and Ukraine (1).
    [Show full text]
  • World Literature for the Wretched of the Earth: Anticolonial Aesthetics
    W!"#$ L%&'"(&)"' *!" &+' W"'&,+'$ !* &+' E("&+ Anticolonial Aesthetics, Postcolonial Politics -. $(.%'# '#(/ Fordham University Press .'0 1!"2 3435 Copyright © 3435 Fordham University Press All rights reserved. No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means—electronic, mechanical, photocopy, recording, or any other—except for brief quotations in printed reviews, without the prior permission of the publisher. Fordham University Press has no responsibility for the persistence or accuracy of URLs for external or third-party Internet websites referred to in this publication and does not guarantee that any content on such websites is, or will remain, accurate or appropriate. Fordham University Press also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books. Visit us online at www.fordhampress.com. Library of Congress Cataloging-in-Publication Data available online at https:// catalog.loc.gov. Printed in the United States of America 36 33 35 7 8 6 3 5 First edition C!"#$"#% Preface vi Introduction: Impossible Subjects & Lala Har Dayal’s Imagination &' B. R. Ambedkar’s Sciences (( M. K. Gandhi’s Lost Debates )* Bhagat Singh’s Jail Notebook '+ Epilogue: Stopping and Leaving &&, Acknowledgments &,& Notes &,- Bibliography &)' Index &.' P!"#$%" In &'(&, S. R. Ranganathan, an unknown literary scholar and statistician from India, published a curious manifesto: ! e Five Laws of Library Sci- ence. ) e manifesto, written shortly a* er Ranganathan’s return to India from London—where he learned to despise, among other things, the Dewey decimal system and British bureaucracy—argues for reorganiz- ing Indian libraries.
    [Show full text]
  • Draft Development Plan for Pune City( Old Limit) 2007-2027
    Draft Development Plan For Pune City( Old Limit) 2007-2027 Executive Summary Executive summary for draft development plan for Pune City (old limit) Executive Summary Draft Development Plan For Pune City( Old Limit) 2007-2027 1.1. Introduction Pune City is the second largest metropolitan city in the State, is fast changing its character from an educational-administrative centre to an important Industrial (I.T.) City. The area under the jurisdiction of the Pune Municipal Corporation (old limit) is 147.53 sq.km. Vision Statement “An economically vibrant and sustainable city with diverse opportunities and rich culture; where all citizens enjoy a safe and liveable environment with good connectivity” 1.2. Need for revision of Development Plan Pune city, the second largest metropolitan city in the state, is fast changing its character from Pensioner’s city to Educational – Administrative Center and now to an important Industrial hub with reference to the IT Center. The character of the existing use of the land within the limit is of complex nature. The city is not developed in conventional manner, but it consists of such users which are of different nature than the normal corporation area. In 1987 DP, this multiple character of the city as metro city has been studied since 1965, when the city had started experiencing the influence of the Industrial development occurred around the city i.e in the neighbouring Pimpri- Chinchwad area, due to development of large Industrial Townships by M.I.D.C. and IT Industries in Hinjewadi . The overall scenario has resulted into higher population growth also due to migration, inadequacy of infrastructure, growth in vehicle thus causing congestion on city roads, parking problems and overall break down in traffic Pune Municipal Corporation 1 Executive summary for draft development plan for Pune City (old limit) system.
    [Show full text]
  • Terrorism in the Name of Religion: with Special Reference to Islam
    Terrorism in the Name of Religion: With Special Reference to Islam Supervisor Researcher Dr. Fr. Tapan C. De Rozario Shah Mohammad Jonayed Associate Professor Masters of Philosophy (M.Phil.) Department of World Religions and Culture Registration No: 38 University of Dhaka Session: 2011-2012 Examination Roll Number: 2 Joining date: 17/07/2012 Department of World Religions and Culture University of Dhaka December,2018 Dhaka University Institutional Repository Terrorism in the Name of Religion: With Special Reference to Islam Thesis re-submitted to the Department of World Religions and Culture, University of Dhaka in partial fulfillment of the requirement for the Degree of Masters of Philosophy (M.Phil.) in World Religions and Culture. By Shah Mohammad Jonayed M.PhilResearcher Registration No: 38 Session: 2011-2012 Examination Roll Number: 2 Supervisor Dr. Fr. Tapan C. De Rozario Associate Professor Department of World Religions and Culture University of Dhaka Department of World Religions and Culture University of Dhaka December, 2018 Dhaka University Institutional Repository Terrorism in the Name of Religion: With Special Reference to Islam Dhaka University Institutional Repository Preface All religions preach the gospel of love and it is the foundation of human existence. Without peace, justice and love nations cannot develop, and man- kind can enjoy neither happiness nor tranquility. In order to achieve social stability and world peace, there must be impartiality and harmonious living among nations, among political factions, among ethnic groups, and among religions. It is clear that peace is a divine prize that may come by the way of justice not by the terrorism. If there is religious terrorism there isn’t peace.
    [Show full text]
  • Last Post Indian War Memorials Around the World
    Last Post Indian War Memorials Around the World Introduction • 1 Rana Chhina Last Post Indian War Memorials Around the World i Capt Suresh Sharma Last Post Indian War Memorials Around the World Rana T.S. Chhina Centre for Armed Forces Historical Research United Service Institution of India 2014 First published 2014 © United Service Institution of India All rights reserved. No part of this publication may be reproduced or transmitted, in any form or by any means, without prior permission of the author / publisher. ISBN 978-81-902097-9-3 Centre for Armed Forces Historical Research United Service Institution of India Rao Tula Ram Marg, Post Bag No. 8, Vasant Vihar PO New Delhi 110057, India. email: [email protected] www.usiofindia.org Printed by Aegean Offset Printers, Gr. Noida, India. Capt Suresh Sharma Contents Foreword ix Introduction 1 Section I The Two World Wars 15 Memorials around the World 47 Section II The Wars since Independence 129 Memorials in India 161 Acknowledgements 206 Appendix A Indian War Dead WW-I & II: Details by CWGC Memorial 208 Appendix B CWGC Commitment Summary by Country 230 The Gift of India Is there ought you need that my hands hold? Rich gifts of raiment or grain or gold? Lo! I have flung to the East and the West Priceless treasures torn from my breast, and yielded the sons of my stricken womb to the drum-beats of duty, the sabers of doom. Gathered like pearls in their alien graves Silent they sleep by the Persian waves, scattered like shells on Egyptian sands, they lie with pale brows and brave, broken hands, strewn like blossoms mowed down by chance on the blood-brown meadows of Flanders and France.
    [Show full text]
  • Challenges to INTERNAL SECURITY of India Third Edition About the Authors
    Challenges to INTERNAL SECURITY of India Third Edition About the Authors Ashok Kumar has completed his B.Tech, and M Tech. from Indian Institute of Technology (IIT), Delhi. He joined Indian Police Service (IPS) in 1989 and has served in various challenging assignments in UP and Uttarakhand. He has also served in CRPF and BSF on deputation basis. Presently, he is posted as Director General, Crime, Law & Order, Uttarakhand. Before this assignment , he was Chief of Intelligence & Security, Uttarakhand. He received the UN Medal for serving in strife-torn Kosovo in 2001. He was awarded the Indian Police Medal for Meritorious Services in 2006 and President’s Police Medal for Distinguished Services in 2013. He has authored a path-breaking book titled ‘Human in Khaki’, which received GB Pant Award from Bureau of Police Research & Development (BPR&D), MHA. Recently, he has authored two more books, ‘Cracking Civil Services -The Open Secret’ and ‘Ethics for Civil Services’. Vipul Anekant has completed his B.Tech, from Malaviya National Institute of Technology (MNIT), Jaipur. He was a student of Tata Institute at Social Sciences (TISS), Mumbai. He joined DANIPS in 2012. Presently, he is posted as Sub-Divisional Police Officer, Khanvel, Union Territory of Dadra & Nagar Haveli. Challenges to INTERNAL SECURITY of India Third Edition Ashok Kumar, IPS DG Crime, Law & Order, Uttarakhand Vipul, DANIPS SDPO, Dadra & Nagar Haveli McGraw Hill Education (India) Private Limited Published by McGraw Hill Education (India) Private Limited 444/1, Sri Ekambara Naicker Industrial Estate, Alapakkam, Porur, Chennai - 600 116 Challenges to Internal Security of India, 3e Copyright © 2019 by McGraw Hill Education (India) Private Limited.
    [Show full text]
  • Worldwide Attacks Against Dams
    Worldwide Attacks Against Dams A Historical Threat Resource for Owners and Operators 2012 i ii Preface This product is a compilation of information related to incidents that occurred at dams or related infrastructure world-wide. The information was gathered using domestic and foreign open-source resources as well as other relevant analytical products and databases. This document presents a summary of real-world events associated with physical attacks on dams, hydroelectric generation facilities and other related infrastructure between 2001 and 2011. By providing an historical perspective and describing previous attacks, this product provides the reader with a deeper and broader understanding of potential adversarial actions against dams and related infrastructure, thus enhancing the ability of Dams Sector-Specific Agency (SSA) partners to identify, prepare, and protect against potential threats. The U.S. Department of Homeland Security (DHS) National Protection and Programs Directorate’s Office of Infrastructure Protection (NPPD/IP),which serves as the Dams Sector- Specific Agency (SSA), acknowledges the following members of the Dams Sector Threat Analysis Task Group who reviewed and provided input for this document: Jeff Millenor – Bonneville Power Authority John Albert – Dominion Power Eric Martinson – Lower Colorado River Authority Richard Deriso – Federal Bureau of Investigation Larry Hamilton – Federal Bureau of Investigation Marc Plante – Federal Bureau of Investigation Michael Strong – Federal Bureau of Investigation Keith Winter – Federal Bureau of Investigation Linne Willis – Federal Bureau of Investigation Frank Calcagno – Federal Energy Regulatory Commission Robert Parker – Tennessee Valley Authority Michael Bowen – U.S. Department of Homeland Security, NPPD/IP Cassie Gaeto – U.S. Department of Homeland Security, Office of Intelligence and Analysis Mark Calkins – U.S.
    [Show full text]
  • EIA: India: Pune Nirvana Hills Slum Rehabilitation Project
    Environment and Social Impact Assessment Report and Environment and Social Management Plan Project Number: 44940 March 2012 IND: Pune Nirvana Hills Slum Rehabilitation Project Prepared by: Kumar Urban Development Limited This report is made publicly available in accordance with ADB’s Public Communications Policy (2005). It does not necessarily reflect the views of ADB. Environmental and Social Impact Assessment for Project Nirvana: Pune, India Kumar Sinew Developers Private Final Report Limited March 2012 www.erm.com Delivering sustainable solutions in a more competitive world FINAL REPORT Kumar Sinew Developers Private Limited Environmental and Social Impact Assessment for Project Nirvana: Pune, India 23 March 2012 Reference : I8390 / 0138632 Rutuja Tendolkar Prepared by: Consultant Reviewed & Neena Singh Approved by: Partner This report has been prepared by ERM India Private Limited, with all reasonable skill, care and diligence within the terms of the Contract with the client, incorporating our General Terms and Conditions of Business and taking account of the resources devoted to it by agreement with the client. We disclaim any responsibility to the client and others in respect of any matters outside the scope of the above. This report is confidential to the client and we accept no responsibility of whatsoever nature to third parties to whom this report, or any part thereof, is made known. Any such party relies on the report at their own risk. EXECUTIVE SUMMARY ERM India Private Limited has been engaged by M/s Kumar Sinew Urban Developers Limited (hereinafter referred to as ‘KUL’ or ‘the client’) on the behest of the Asian Development Bank (ADB), to update the Environmental Impact Assessment report of the “Nirvana Hills Phase II” Project (hereinafter referred to as ‘Project Nirvana’) located at Survey No.
    [Show full text]
  • After Mumbai: Time to Strengthen U.S.–India Counterterrorism Cooperation Lisa Curtis
    No. 2217 December 9, 2008 After Mumbai: Time to Strengthen U.S.–India Counterterrorism Cooperation Lisa Curtis As the United States and India seek to build a stronger partnership and take full advantage of the diplomatic opening created by the U.S.–India civil Talking Points nuclear deal, one of the areas with the greatest poten- • The November terrorist attacks in Mumbai tial benefit to both sides is counterterrorism coopera- highlight the urgent need for U.S.–Indian tion. The multiple terrorist attacks in Mumbai cooperation to counter regional and global between November 26 and November 29, 2008, that terrorist threats. killed about 170 people, including six Americans, • Both New Delhi and Washington stand to gain have highlighted the urgent need for these two coun- considerably from improving counterterrorism tries to work together more closely to counter cooperation and must overcome lingering dis- regional and global terrorist threats. trust that stems largely from U.S. reluctance to pursue Pakistani terrorist groups with the same Despite general convergence of American and zeal that it shows in pursuing al-Qaeda. Indian views on the need to contain terrorism, the two countries have failed in the past to work together as • The U.S. and India should expand cooperation closely as they could to minimize terrorist threats, on sharing intelligence and promoting democracy and religious pluralism to disrupt largely because of differing geostrategic perceptions, terrorist recruitment. They should improve Indian reluctance to deepen the intelligence relation- cooperation on maritime security, cyber secu- ship, and U.S. bureaucratic resistance to elevating rity, energy security, and nuclear nonprolifer- counterterrorism cooperation beyond a certain level.
    [Show full text]
  • Extreme Stress and Investor Behavior: Evidence from a Natural Experiment
    Extreme stress and investor behavior: Evidence from a natural experiment Vikas Agarwal, Georgia State University Pulak Ghosh, Indian Institute of Management Bangalore Haibei Zhao, Lehigh University August 2019 Abstract We use the 2008 Mumbai terrorist attacks as a natural experiment to examine how exposure to extreme stress affects financial decision making, as measured by investors’ stock trading activity and performance. We find that Mumbai investors trade less, perform worse, take longer time to react to corporate news announcement, are less likely to initiate trades on new stocks, and perform worse on familiar stocks compared with other traders. Collectively, our findings are most consistent with impairment of cognitive ability after exposure to prolonged and extreme stress. JEL Classification: D10, G11, G14, G41 Keywords: individual investors, stress, cognitive ability, trading, violence Vikas Agarwal is from J. Mack Robinson College of Business, Georgia State University. Email: [email protected]. Vikas Agarwal is also a Research Fellow at the Centre for Financial Research (CFR), University of Cologne. Pulak Ghosh is from Decision Sciences and Center of Public Policy, Indian Institute of Management Bangalore. Email: [email protected]. Haibei Zhao is from College of Business, Lehigh University. Email: [email protected]. We thank Shashwat Alok, Yakov Amihud, Ashok Banerjee, Brad Barber, Gennaro Bernile, Asaf Bernstein, Paul Brockman, Zhi Da, Eliezer Fich, Anand Goel, Clifton Green, Jiekun Huang, Xing Huang, Narasimhan Jegadeesh, Lawrence Jin, Kose John, Terrance Odean, Lin Peng, Sugata Ray, Stephan Siegel, Rosy Xu, Pradeep Yadav, Yesha Yadav, Sterling Yan, and seminar participants at Cornell University, Tilburg University, Washington University in St.
    [Show full text]
  • Film Shooting Manual for Shooting of Films in Delhi
    FILM SHOOTING MANUAL FOR SHOOTING OF FILMS IN DELHI Delhi Tourism Govt. of NCT of Delhi 1 Message The capital city, Delhi, showcases an ancient culture and a rapidly modernizing country. It boasts of 170 notified monuments, which includes three UNESCO World Heritage Sites as well as many contemporary buildings. The city is a symbol of the country’s rich past and a thriving present. The Capital is a charming mix of old and new. Facilities like the metro network, expansive flyovers, the swanky airport terminal and modern high- rise buildings make it a world-class city. Glancing through the past few years, it is noticed that Bollywood has been highly responsive of the offerings of Delhi. More than 200 films have been shot here in the past five years. Under the directives issued by Ministry of Tourism and Ministry of I & B, the Govt. of NCT of Delhi has nominated Delhi Tourism & Transportation Development Corporation Ltd. as the nodal agency for facilitating shooting of films in Delhi and I have advised DTTDC to incorporate all procedures in the Manual so that Film Fraternity finds it user- friendly. I wish Delhi Tourism the best and I am confident that they will add a lot of value to the venture. Chief Secretary, Govt. of Delhi 2 Message Delhi is a city with not just rich past glory as the seat of empire and magnificent monuments, but also in the rich and diverse culture. The city is sprinkled with dazzling gems: captivating ancient monuments, fascinating museums and art galleries, architectural wonders, a vivacious performing-arts scene, fabulous eateries and bustling markets.
    [Show full text]